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20120909
20120909
STATION
KNTV (NBC) 1
WBAL (NBC) 1
WJLA (ABC) 1
LANGUAGE
Search Results 0 to 3 of about 4 (some duplicates have been removed)
ABC
Sep 9, 2012 7:00am EDT
. the clock is ticking in the united states on the fiscal clififf, which you are very, ve concerned about. the expiration of the bush tax cuts, how do you view this playing out, and what are the implications for the market? >> you know, i think it is very important. last week, thee point when the investor attentition really stas to focus on this when it is in europe. so it is a big deal, the fiscal cliff, 4% of gdp, secondly, it would hit at a team when it is the consumer's week of the it represents a big danger to the ecomy, the challenge is it is not discounted into the price. in other words, wewe're all talking about it. i have met verfew investors who believe it will happen. and if we move to an environment where it is likely, it could create volatility in the market. >>> so how do you invest against that kind of back drop? where would you put money to work right now? >> i think there are a couple of things that investors can do. one thing is the people that have the flexibility, right no the options in the market, that islow. youu bu insurance for the portfolio that will hopefu
CNBC
Sep 9, 2012 7:30pm EDT
fact that the ecb bought some time. the clock is ticking in the united states, however, on the fiscal cliff, which you are very concerned about. the xpiration of the bush tax cuts and automatic spending cuts that come if there's no budget agreement. how do you view this playing out? what are the implications for the market? >> i think this is very important. last week maybe the point when investor sentence focuses on this instead of europe. first of all, the size of the fiscal cliff at about 650 billion, 4% of gdp. it would be hitting at a time when the economy is weak and particularly the consumer is weak. i do think this represents a big danger to the economy. the challenge is it's not discounted into the price. we're all talking about it, i've met very few investors who believe it will happen. if we do start to move to an environment where it becomes more likely, it will create volatility and also hit equity prices as well towards the end of the year. >> how do you invest against that kind of back drop? where would you put money to work right now? >> i think there are a couple of t
Search Results 0 to 3 of about 4 (some duplicates have been removed)